Renewal Analyst

Sun Life • Waterloo, ON

1d • CA$58,000 - CA$93,000 • Hybrid

About The Position

Sun Life is seeking a Renewal Underwriting Analyst to join their team. This role provides vital support to Account Executives on the Business Development team to maximize renewal outcomes for Sun Life. The Renewal Underwriting Analyst will optimize required rates, act as a liaison between underwriting and business development, and provide insights into the claim experience through collecting and analyzing data. They will also work with Account Executives to position renewals to advisors. This role does not directly interact with advisors/clients.

Requirements

• 3 to 5 years in a group underwriting/technical analyst role
• Post-secondary education and a CEBS or GBA designation
• Solid understanding of underwriting and renewal methodology, and Group Benefits products and processes
• Strong knowledge of advisor environment and expectations
• Ability to creatively position renewals to maximize renewal outcomes

Responsibilities

• Review, analyze and evaluate the claim experience for trends that may impact renewals and make recommendations on the renewal positioning.
• In conjunction with the Account Executive, collaboratively work with underwriting to articulate rationale for renewal increases.
• Work in collaboration with the Account Executive to develop the renewal strategy and supporting rationale that will be provided to the client.
• Develop renewal letter and supporting documentation for the Account Executive to present to the client.

Benefits

• Flexible Benefits from the day you join to meet the needs of you and your family
• Pension, stock and savings programs to help build and enhance your future financial security
• Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree